NOT LISTED FOR SALE
8 Beds
7 Baths
3,877 Sq Ft
3,325 Sq Ft Lot

Sale Details

Date Sold: October 31, 2025

Last sale price $8,240,150 $2,125 Per Sq Ft

12 Days on Market

Highlights

  • White Water Ocean Views
  • Roof Top Spa
  • Open Floorplan
  • Newport Elementary School Rated A
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom

About This Home

As of October 2025

OCEAN VIEWS FROM ALL 3 FLOORS! Located just steps from the sand on one of the peninsula’s most desirable double wide streets, this extremely rare 35 foot wide lot was masterfully designed to incorporate two units with no shared vertical walls. The spacious upper unit consists of the full 2nd and 3rd floors, offering 2,467 square feet of living space, five bedrooms, 4 full bathrooms and multiple patio spaces. Upon entering the home, you will be greeted by 10 ft. ceilings, a white brick open fireplace in the living room and fully pocketing Fleetwood sliding glass doors for an effortless transition between the great room and a 320 sq. ft. patio with firepit, BBQ and white water ocean views. Utilize the convenience of an elevator to access each floor, which includes a third-floor patio that consists of 300 sq. ft. of covered space with fireplace and 800 sq. ft. of uncovered patio space with firepit, 8 person jacuzzi hot tub and panoramic ocean and Catalina views. Enjoy the elegance and style of white oak flooring, custom oak cabinets and designer-appointed lighting, plumbing fixtures, tile and countertops throughout the home. The gourmet kitchen offers ample storage space and is fully equipped with a Sub-Zero/Wolf appliances including: fridge, freezer and wine fridge columns, oven, microwave and a separate Scotsman ice maker. An integrated Control4 audio visual system centrally controls separately zoned speakers and TVs throughout both the inside and outside of the home, ensuring seamless entertainment for you and your guests. The large primary suite features a fireplace, a spacious bathroom and a walk-in closet. Avoid the hassle of the typical condo tandem parking with a side-by-side two car garage dedicated to the upper unit. The lower unit offers the rare opportunity to have a handicap accessible 1,410 sq. ft., 3 bedrooms, and 3 bathrooms all on the ground floor. This unit provides a spacious great room with a Fleetwood sliding glass door that opens to a 300 sq. ft. patio with BBQ and ocean views. Parking for this unit includes a one car garage and covered carport. It has been used as a full-time rental (with short term permit), booked nearly year-round with countless 5 star reviews, and generates around $170,000+ per year. Whether you are looking for your own personal dream home, looking to maximize revenue, or something in between, this property offers the flexibility to tailor its use to suit your ideal scenario.

Last Agent to Sell the Property

Brent Engstrom

Engstrom Real Estate Group Brokerage Phone: 714-469-6369 License #01920630 Listed on: 07/03/2025

Engstrom Real Estate Group

Last Buyer's Agent

Sara Legrand

Surterre Properties Inc. License #01950213

Surterre Properties Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2016

Lot Details

  • 3,325 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Stucco Fence
  • Rectangular Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • 1 Attached Carport Space
  • Parking Available
  • Rear-Facing Garage
  • Two Garage Doors

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Duplex
  • Contemporary Architecture
  • Modern Architecture
  • Entry on the 1st floor
  • Turnkey
  • Brick Exterior Construction
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,877 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Open Floorplan
  • Partially Furnished
  • Wired For Sound
  • Wired For Data
  • Ceiling Fan
  • Recessed Lighting
  • Two Way Fireplace
  • Fireplace Features Masonry
  • Blinds
  • Window Screens
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Convection Oven
  • Electric Oven
  • Six Burner Stove
  • Gas Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Bedrooms and Bathrooms

  • 8 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Upgraded Bathroom
  • Bathroom on Main Level
  • 7 Full Bathrooms
  • Quartz Bathroom Countertops
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Home Security

  • Home Security System
  • Fire Sprinkler System

Outdoor Features

  • Roof Top Spa
  • Living Room Balcony
  • Covered Patio or Porch
  • Fireplace in Patio
  • Outdoor Fireplace
  • Fire Pit
  • Outdoor Grill
  • Rain Gutters
  • Awning

Utilities

  • Central Heating and Cooling System
  • 220 Volts For Spa
  • 220 Volts in Garage
  • 220 Volts in Kitchen
  • Natural Gas Connected
  • Tankless Water Heater
  • Water Purifier
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Balboa Peninsula Subdivision

Listing and Financial Details

  • Legal Lot and Block 13 / 29
  • Tax Tract Number 512
  • Assessor Parcel Number 04708336

Property Details

Home Type

Multi-Family

Year Built

Built in 2016

Lot Details

3,325 Sq Ft Lot

Parking

3

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Inclusions: Appliances included. All furniture and Audio Visual items are negotiable
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Fire Sprinkler System, Security System
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Contemporary, Modern
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 04708336
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3877.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Elevator, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Pantry, Partially Furnished, Quartz Counters, Recessed Lighting, Stone Counters, Wired for Data, Wired for Sound
  • Stories: 3
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 7
  • Total Bedrooms: 8
  • Door Features: Sliding Doors
  • Eating Area: Dining Room, In Living Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Primary Bedroom, Outside, Patio, Fire Pit, Masonry, Two Way
  • Levels: Three Or More
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2125.39
  • Room Type: Family Room, Great Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Suite, Walk-In Closet, Walk-In Pantry
  • Spa Features: Roof Top
  • Window Features: Blinds, Screens
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Primary Bath, Main Floor Full Bath, Quartz Counters, Soaking Tub, Stone Counters, Upgraded, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters, Stone Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Awning(s), Barbecue Private, Rain Gutters
  • View: Catalina, City Lights, Coastline, Ocean, Panoramic, White Water
  • Fence: Yes
  • Fencing: Stucco Wall
  • Patio And Porch Features: Covered, Deck, Patio, Patio Open, Rear Porch, Roof Top
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Brick Veneer, Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Carport, Attached Carport, Garage Faces Rear, Garage - Single Door, Garage - Two Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Convection Oven, Dishwasher, Electric Oven, Freezer, Gas Cooktop, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Water Heater, Water Purifier
  • Electric: 220 Volts For Spa, 220 Volts in Garage, 220 Volts in Kitchen, 220 Volts in Laundry, Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Sprinkler System
  • Lot Size Sq Ft: 3325.00
  • Lot Size Acres: 0.0763

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3325.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 29
  • Tax Lot: 13
  • Tax Tract Number: 512

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2025
Closed on
Oct 21, 2025
Sold by
Bought by
Seller's Agent
Brent Engstrom
Engstrom Real Estate Group
Buyer's Agent
Sara Legrand
Surterre Properties Inc.
List Price
$8,495,000
Sold Price
$8,240,150
Premium/Discount to List
-$254,850
-3%
Views
15

Purchase Details

Closed on
Oct 13, 2017
Sold by
Bought by

Purchase Details

Closed on
Jan 17, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
0.0408%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
0.0408%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2015
Sold by
Bought by

Purchase Details

Listed on
May 12, 2014
Closed on
Jul 31, 2014
Sold by
Bought by
Seller's Agent
Rob Norquist
Compass
Buyer's Agent
Brent Engstrom
Engstrom Real Estate Group
List Price
$1,499,000
Sold Price
$1,472,500
Premium/Discount to List
-$26,500
-1.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$776,750
Interest Rate
0.041%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 12, 2014
Closed on
Jun 26, 2014
Sold by
Bought by
Seller's Agent
Rob Norquist
Compass
Buyer's Agent
Brent Engstrom
Engstrom Real Estate Group
List Price
$1,499,000
Sold Price
$1,472,500
Premium/Discount to List
-$26,500
-1.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$776,750
Interest Rate
0.041%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2013
Sold by
Bought by

Purchase Details

Closed on
May 12, 2008
Sold by
Bought by

Purchase Details

Closed on
Dec 1, 1998
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$8,240,500 Ticor Title Company
-- None Available
-- None Available
-- Orange Coast Title Co Socal
-- None Available
-- None Available
$1,472,500 Chicago Title Company
-- None Available
-- None Available
-- First American Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $1,100,000
Previous Owner $776,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2025 10/31/25 Sold $8,240,150 -3.0% $2,125 / Sq Ft
07/15/2025 07/15/25 Pending -- -- --
07/03/2025 07/03/25 For Sale $8,495,000 +476.9% $2,191 / Sq Ft
07/21/2014 07/21/14 Sold $1,472,500 -1.8% $1,473 / Sq Ft View Prior Sale
06/24/2014 06/24/14 Pending -- -- --
05/12/2014 05/12/14 For Sale $1,499,000 -- $1,499 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $29,173 $2,772,304 $1,733,376 $1,038,928
2024 $29,173 $2,717,946 $1,699,389 $1,018,557
2023 $28,489 $2,664,653 $1,666,067 $998,586
2022 $28,015 $2,612,405 $1,633,399 $979,006
2021 $27,478 $2,561,182 $1,601,372 $959,810
2020 $27,190 $2,534,921 $1,584,952 $949,969
2019 $26,629 $2,485,217 $1,553,874 $931,343
2018 $26,099 $2,436,488 $1,523,406 $913,082
2017 $25,638 $2,388,714 $1,493,535 $895,179
2016 $17,512 $1,666,083 $1,464,250 $201,833
2015 $15,886 $1,472,500 $1,442,256 $30,244
2014 -- $261,920 $241,202 $20,718
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25146021

California Regional Multiple Listing Service (CRMLS)
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